COYA vs FNGR: Correlation
How closely do Coya Therapeutics, Inc. (COYA) and FingerMotion, Inc. (FNGR) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COYA and FNGR?
Over the past 3 years, COYA and FNGR moved with a correlation of 0.31, which is moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.31). Over 5 years the correlation is 0.18, and the annualized covariance of weekly returns is 1933.4 %².
Within COYA's tracked universe of 12 assets, FNGR comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with COYA ahead by 63.3 points (-25.9% versus -89.2%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
COYA vs FNGR: side by side
| COYA (Coya Therapeutics, Inc.) | FNGR (FingerMotion, Inc.) | |
|---|---|---|
| 1-year return | -25.9% | -89.2% |
| 5-year return | n/a | -96.1% |
| Volatility (ann.) | 66.2% | 94.3% |
| Beta vs S&P 500 | 1.33 | 0.99 |
| Max drawdown (3Y) | -62.9% | -97.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COYA | FNGR |
|---|---|---|
| 2022 | – | -60.5% |
| 2023 | +56.4% | +43.1% |
| 2024 | -22.7% | -70.1% |
| 2025 | +1.2% | +2.5% |
| 2026 | -16.2% | -85.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COYA and FNGR good diversifiers for each other?
Reasonably. At 0.31, COYA and FNGR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COYA and FNGR?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.18 over the last year and 0.18 over 5 years.
Is FNGR a good diversifier for COYA?
Reasonably. At 0.31, COYA and FNGR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/coya-vs-fngr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/coya-vs-fngr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COYA correlations · FNGR correlations
